Question 1

Agile Project Management is well-suited for instances where:

Accepted Answer

A) Customer needs are well-defined. 
B) Time constraints exist. 
C) Customer needs are evolving. 
D) Budget constraints exist. 
A) Customer needs are well-defined. 
B) Time constraints exist. 
C) Customer needs are evolving. 
D) Budget constraints exist.

Question 2

Use the project information in the table to resolve resource conflicts,identify the critical chain and critical path,and create feeder buffers.A feeder buffer should be placed immediately before: $$\begin{array} { | l | l | l | l | l | l | l | l | } 
\hline \text { Activity } & \text { Predecessor } & \text { Length } & \text { Resource } & \text { Activity } & \text { Predecessor } & \text { Length } & \text { Resource } \
\hline \text { A } & - & 11 & P & D & C & 13 & P \
\hline B & \text { A } & 7 & M & E & - & 12 & \mathbf { X } \
\hline \mathbf { C } & \mathrm { B } & 8 & \mathrm {~W} & \mathrm {~F} & \mathrm { E } & 14 & \mathrm { M } \
\hline
\end{array}$$

Accepted Answer

A) Activity B. 
B) Activity F. 
C) Activity C. 
D) Activity A. 
A) Activity B. 
B) Activity F. 
C) Activity C. 
D) Activity A.

Question 3

The waterfall project development process is well-suited for instances where:

Accepted Answer

A) Requirements are allowed to float throughout the duration of the project. 
B) Customer needs change quickly. 
C) Time constraints exist. 
D) Resources are limited. 
A) Requirements are allowed to float throughout the duration of the project. 
B) Customer needs change quickly. 
C) Time constraints exist. 
D) Resources are limited.

Question 4

A project consists of four activities with information as shown in the table.What is the overall variance of the project's duration? $\begin{array}{|l|l|l|l|}
\hline&&&\text { Standard }\
 \text { Activity } & \text { Predecessor } & \text { Length } & \begin{array}{l}
\text { Deviation }
\end{array} \
\hline \text { A } & - & 10 & 2 \
\hline \text { B } & \text { A } & 12 & 3 \
\hline \text { C } & \text { A } & 16 & 2 \
\hline \text { D } & \text {B,C} & 14 & 3\
\hline 
\end{array}$

Accepted Answer

A) 13 
B) 17 
C) 26 
D) 35 
A) 13 
B) 17 
C) 26 
D) 35

Question 5

Keith welds a one-fourth-inch diameter ball bearing and a three-eighths-inch diameter ball bearing on each end of an eighth-inch diameter cylinder.Sure,the work is tedious,but he knows he's doing his part keeping this country running and lining his employer's pockets with sweet cash.His employer hopes to speed up this activity by hiring another skilled worker,and in doing so will:

Accepted Answer

A) Subordinate the rest of the system. 
B) Identify the constraint. 
C) Exploit the constraint. 
D) Elevate the system constraint. 
A) Subordinate the rest of the system. 
B) Identify the constraint. 
C) Exploit the constraint. 
D) Elevate the system constraint.

Question 6

Use the project information in the table to resolve resource conflicts,identify the critical chain and critical path,and create feeder buffers.The critical chain does NOT pass through: $$\begin{array} { | l | l | l | l | l | l | l | l | } 
\hline \text { Activity } & \text { Predecessor } & \text { Length } & \text { Resource } & \text { Activity } & \text { Predecessor } & \text { Length } & \text { Resource } \
\hline \text { A } & - & 11 & P & D & C & 13 & P \
\hline B & \text { A } & 7 & M & E & - & 12 & \mathbf { X } \
\hline \mathbf { C } &  \mathrm { B } & 8 & \mathrm {~W} & \mathrm {~F} & \mathrm { E } & 14 & \mathrm { M } \
\hline
\end{array}$$

Accepted Answer

A) Activity A. 
B) Activity F. 
C) Activity E. 
D) Activity D. 
A) Activity A. 
B) Activity F. 
C) Activity E. 
D) Activity D.

Question 7

A project is represented by the activity durations (in days,estimated at 90% likelihood of completion)and precedence requirements shown in the table.What is the length of a feeder buffer if this project is managed using critical chain methodology? $$\begin{array} { | l | l | l | l | l | l } 
\hline \text { Activity } & \text { Predecessor } & \text { Lengenth } & \text { Activity } & \text { Predecessor } & \text { Length } \
\hline \text { A } & - - & 18 &  \mathrm { E} &  \mathrm { C }, \mathrm { D} & 13 \
\hline B & - & 16 &  \mathrm { F} & \mathrm { C }& 9 \
\hline \mathrm { C } & \mathrm { A } & 22 & \mathrm {G} & \mathrm { E } , \mathrm { F } & 15 \
\hline \mathrm { D } & \mathrm { B } & 14 & & & \
\hline
\end{array}$$

Accepted Answer

A) 4 days 
B) 3 days 
C) 2 days 
D) 1 days 
A) 4 days 
B) 3 days 
C) 2 days 
D) 1 days

Question 8

What is aggregated buffer and how can the appropriate amount be determined?

Accepted Answer

Aggregated,or project,buffer is a conseq

Question 9

An important departure from traditional project management is that critical chain project management logic:

Accepted Answer

A) Changes from a late finish to an early start approach. 
B) Factors in the effects of resource contention. 
C) Adjusts expected activity durations to reflect a 95% probability of completion on time. 
D) Creates a separate safety margin for each activity in the project. 
A) Changes from a late finish to an early start approach. 
B) Factors in the effects of resource contention. 
C) Adjusts expected activity durations to reflect a 95% probability of completion on time. 
D) Creates a separate safety margin for each activity in the project.

Question 10

A project consists of four activities with information as shown in the table.What is the overall standard deviation of the project? $$\begin{array} { | l | l | l | l | } 
\hline \text { Activity } & \text { Predecessor } & \text { Length } & \text { Variance } \
\hline \mathrm { A } & - - & 10 & 4 \
\hline\mathrm { B} & \mathrm {A } & 12 & 3 \
\hline \mathrm {C } & \mathrm { B } & 16 & 5 \
\hline \mathrm { D } & \mathrm { C } & 14 & 6 \
\hline
\end{array}$$

Accepted Answer

A) 24 
B) 18 
C) 8.41 
D) 4.24 
A) 24 
B) 18 
C) 8.41 
D) 4.24

Question 11

The legal department is needed to review all contracts a project organization enters.The legal department is continually swamped with work and all other departments find themselves waiting on legal before they can begin their work.Legal is the drum for this organization.

Accepted Answer

A) True 
 B)False

Question 12

A feeder buffer is a buffer that is created for a non-critical path activity.

Accepted Answer

A) True 
 B)False

Question 13

What are the five steps behind the Theory of Constraints methodology and what takes place in each?

Accepted Answer

The five steps in TOC methodology are to

Question 14

A project consists of four consecutive tasks that have average duration and worst-case duration estimates (in days)as shown in the table.Use Newbold's model to determine the aggregated one sigma buffer for this project. $$\begin{array} { | l | l | l | } 
\hline\text { Activity } & \text { Average } & \text { Worst-Case } \
\hline \mathrm { A } & 10 & 20 \
\hline  \mathrm {B }& 15 & 25 \ 
\hline \mathrm { C } & 20 & 30 \
\hline \mathrm { D } & 25 & 35 \
\hline
\end{array}$$

Accepted Answer

A) 20 days 
B) 10 days 
C) 15 days 
D) 5 days 
A) 20 days 
B) 10 days 
C) 15 days 
D) 5 days

Question 15

A project is represented by the activity durations (in days,estimated at 90% likelihood of completion)and precedence requirements shown in the table.What is the length of a feeder buffer if this project is managed using critical chain methodology? $$\begin{array} { | l | l | l | l | l | l } 
\hline \text { Activity } & \text { Predecessor } & \text { Lengenth } & \text { Activity } & \text { Predecessor } & \text { Length } \
\hline \text { A } & - - & 18 &  \mathrm { E} &  \mathrm { C }, \mathrm { D} & 13 \
\hline B & - & 16 &  \mathrm { F} & \mathrm { C }& 9 \
\hline \mathrm { C } & \mathrm { A } & 22 & \mathrm {G} & \mathrm { E } , \mathrm { F } & 15 \
\hline \mathrm { D } & \mathrm { B } & 14 & & & \
\hline
\end{array}$$

Accepted Answer

A) 3.5 days 
B) 2.5 days 
C) 1.5 days 
D) 0.5 days 
A) 3.5 days 
B) 2.5 days 
C) 1.5 days 
D) 0.5 days

Question 16

Which statement about critical chain methodology is BEST?

Accepted Answer

A) Activity durations estimated at a 50% level of successful completion are shorter than those estimated at a 90% level of successful completion. 
B) Aggregated activity durations at a 90% level of successful completion are shorter than aggregated activity durations at a 50% level of successful completion. 
C) The total safety buffer for aggregated activity durations is smaller than the sum of safety buffers for individual activity durations at any likely level estimate. 
D) None of these statements is correct. 
A) Activity durations estimated at a 50% level of successful completion are shorter than those estimated at a 90% level of successful completion. 
B) Aggregated activity durations at a 90% level of successful completion are shorter than aggregated activity durations at a 50% level of successful completion. 
C) The total safety buffer for aggregated activity durations is smaller than the sum of safety buffers for individual activity durations at any likely level estimate. 
D) None of these statements is correct.

Question 17

A product backlog:

Accepted Answer

A) Shows remaining work in the sprint backlog. 
B) Is controlled by the customer. 
C) Shows what has been ordered to complete the project but not yet received from suppliers. 
D) Is a constantly evolving list. 
A) Shows remaining work in the sprint backlog. 
B) Is controlled by the customer. 
C) Shows what has been ordered to complete the project but not yet received from suppliers. 
D) Is a constantly evolving list.

Question 18

The first step in TOC methodology is to:

Accepted Answer

A) Identify the constraint. 
B) Exploit the constraint. 
C) Subordinate the system to the constraint. 
D) Elevate the constraint. 
A) Identify the constraint. 
B) Exploit the constraint. 
C) Subordinate the system to the constraint. 
D) Elevate the constraint.

Question 19

When choosing the most viable solution to resource conflict issues,the BEST option is the one that:

Accepted Answer

A) Minimizes total network slack. 
B) Minimizes total network schedule disruption. 
C) Maximizes total network slack. 
D) Maximizes activity late start times. 
A) Minimizes total network slack. 
B) Minimizes total network schedule disruption. 
C) Maximizes total network slack. 
D) Maximizes activity late start times.

Question 20

A key to successful project management is ________ leadership.

Accepted Answer

A) Theory X 
B) Authoritarian 
C) Charismatic 
D) Servant 
A) Theory X 
B) Authoritarian 
C) Charismatic 
D) Servant

Agile Project Management is well-suited for instances where:

The waterfall project development process is well-suited for instances where:

A project consists of four activities with information as shown in the table.What is the overall variance of the project's duration? Standard Activity Predecessor Length Deviation A - 10 2 B A 12 3 C A 16 2 D B,C 14 3

Use the project information in the table to resolve resource conflicts,identify the critical chain and critical path,and create feeder buffers.The critical chain does NOT pass through: Activity Predecessor Length Resource Activity Predecessor Length Resource A - 11 P D C 13 P B A 7 M E - 12 8 14

What is aggregated buffer and how can the appropriate amount be determined?

An important departure from traditional project management is that critical chain project management logic:

A project consists of four activities with information as shown in the table.What is the overall standard deviation of the project? Activity Predecessor Length Variance -- 10 4 12 3 16 5 14 6

The legal department is needed to review all contracts a project organization enters.The legal department is continually swamped with work and all other departments find themselves waiting on legal before they can begin their work.Legal is the drum for this organization.

A feeder buffer is a buffer that is created for a non-critical path activity.

What are the five steps behind the Theory of Constraints methodology and what takes place in each?

A project consists of four consecutive tasks that have average duration and worst-case duration estimates (in days)as shown in the table.Use Newbold's model to determine the aggregated one sigma buffer for this project. Activity Average Worst-Case 10 20 15 25 20 30 25 35

Which statement about critical chain methodology is BEST?

A product backlog:

The first step in TOC methodology is to:

When choosing the most viable solution to resource conflict issues,the BEST option is the one that:

A key to successful project management is ________ leadership.

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Resource Management

Project Evaluation and Control

Project Closeout and Termination

Filters

Exam 11: Advanced Topics in Planning and Scheduling: Agile and Critical Chain

Agile Project Management is well-suited for instances where:

The waterfall project development process is well-suited for instances where:

A project consists of four activities with information as shown in the table.What is the overall variance of the project's duration? Standard Activity Predecessor Length Deviation A - 10 2 B A 12 3 C A 16 2 D B,C 14 3

Use the project information in the table to resolve resource conflicts,identify the critical chain and critical path,and create feeder buffers.The critical chain does NOT pass through: Activity Predecessor Length Resource Activity Predecessor Length Resource A - 11 P D C 13 P B A 7 M E - 12 8 14

What is aggregated buffer and how can the appropriate amount be determined?

An important departure from traditional project management is that critical chain project management logic:

A project consists of four activities with information as shown in the table.What is the overall standard deviation of the project? Activity Predecessor Length Variance -- 10 4 12 3 16 5 14 6

The legal department is needed to review all contracts a project organization enters.The legal department is continually swamped with work and all other departments find themselves waiting on legal before they can begin their work.Legal is the drum for this organization.

A feeder buffer is a buffer that is created for a non-critical path activity.

What are the five steps behind the Theory of Constraints methodology and what takes place in each?

A project consists of four consecutive tasks that have average duration and worst-case duration estimates (in days)as shown in the table.Use Newbold's model to determine the aggregated one sigma buffer for this project. Activity Average Worst-Case 10 20 15 25 20 30 25 35

Which statement about critical chain methodology is BEST?

A product backlog:

The first step in TOC methodology is to:

When choosing the most viable solution to resource conflict issues,the BEST option is the one that:

A key to successful project management is ________ leadership.

Introduction: Why Project Management

The Organizational Context: Strategy, Structure, and Culture

Project Selection and Portfolio Management

Leadership and the Project Manager

Scope Management

Project Team Building, Conflict, and Negotiation

Risk Management

Cost Estimation and Budgeting

Project Scheduling: Networks, Duration Estimation, and Critical Path

Project Scheduling: Lagging, Crashing, and Activity Networks

Resource Management

Project Evaluation and Control

Project Closeout and Termination

Filters